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Topic: Bitcoin a tool for self freedom and actualisations. (Read 272 times)

sr. member
Activity: 1666
Merit: 426
Bitcoin is tool of self freedom because bitcoin user can't depend on banks and government. It depends on it self. However he use bitcoin No needs someone permission. No banking charges and no documents signature needed only security keys matter.
It's not true freedom if we still depend on it though for our daily lives, true freedom isn't achievable, if it was then this world will plunge into chaos. Yes, bitcoin gives you financial freedom but does things change? Right now with the price so high, I am a bit skeptical that it can change someone's lives when they get in at this price, they might change yes but with a volatile market, it could be for the worse.
jr. member
Activity: 95
Merit: 2
Bitcoin is actually a currency that is governed by the it's buyers and sellers. No government can take control over it until they invest some of their assets in it. Secondly whales are the one who govern its price.
But not as much so it provides us with the opportunity of decentralisation.
legendary
Activity: 2716
Merit: 1855
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Financial freedom without anyone's shadow is what most people want. Bitcoin or cryptocurrency will help bridge this, so that everyone is able to control their own assets without any interference from others. Financial independence like this certainly has some risks that will be your own responsibility. If in the traditional financial system that we use today, we use the current party as our financial controller, but some fatal risks can be avoided. Cryptocurrency has risks that really need to be watched and studied.
legendary
Activity: 3654
Merit: 1165
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Unfortunately there are still people who don’t know this, and they are still making use of centralized exchanges or wallets. The way that Bitcoin was created, we don’t need to be making use of centralized exchanges or custodial wallets, we are meant to be making use of wallets that are decentralized and gives us complete control over our wealth or assets,by letting us have our private keys.

When you are making use of wallets that requires you to fill out KYC forms, then it is no longer a decentralized wallet, you are now giving out your information which is against the purpose of why Bitcoin was created. Anyone who is making use of Bitcoin is meant to have their privacy, and not having the government look into every transactions that you are making all the time. When you are making use of a centralized exchange or custodial wallet, the government will be able to look into the transactions you are making, So, what is the need then?
member
Activity: 938
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I am completely solace about financial freedom, bitcoin can solve all issues related to fast transactions and complete anonymity, the main thing is that these properties are for the benefit of society. And in general, with any attempt to carry out some kind of transaction through cryptocurrency, everyone has an idea to do it through bitcoin.
sr. member
Activity: 1190
Merit: 251
crypto technology is growing, bitcoin is able to provide motivation for the birth of thousands of altcoins. in the last 11 years bitcoin has had a huge impact on its users, as you said, namely financial freedom. those who hold it already have good luck. There are many other jobs that provide financial freedom, but they are all tiring. crypto technology makes people sit down and learn how to invest and how to trade, it is tiring at first. but fortune will soon come to those who always train themselves.
member
Activity: 742
Merit: 12
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Bitcoin is tool of self freedom because bitcoin user can't depend on banks and government. It depends on it self. However he use bitcoin No needs someone's permission. No banking charges and no documents signature needed only security keys matter.
You are relatively right but again Bitcoin users need to service of banks to exchange the bitcoin before usage, bitcoin is a tool for financial freedom but it still runs on some centralized agencies such as exchange and other platforms that require a third party.
member
Activity: 434
Merit: 11
Bitcoin is tool of self freedom because bitcoin user can't depend on banks and government. It depends on it self. However he use bitcoin No needs someone permission. No banking charges and no documents signature needed only security keys matter.
full member
Activity: 854
Merit: 130
Governments around the world are becoming more controlling & authoritarian. If it gets much worse I’m going off the grid & bitcoin is perfect for survival in this model.
The more authoritarian the government becomes the more it loses its respect in the eyes of its citizens who have chosen Bitcoin as its secondary currency because Bitcoin is decentralized and the government can never take control of its operations.
member
Activity: 434
Merit: 11
Bitcoin is introduced to help people. Bitcoin is easy to use anyone can use bitcoin and it is not controlled by any government. Anyone can use it freely and  it is not legally secured but people has trust on bitcoin.
full member
Activity: 868
Merit: 106
Yes, bitcoin has helped many people towards financial freedom. Bitcoin operates independently without being controlled by the government, this makes it easier for bitcoin to not be intervened by any party. Investments in bitcoin are not legally protected, and the honesty of bitcoin management makes all its users trust without arousing suspicion.
member
Activity: 728
Merit: 12
Absolutely I agree with your opinion. Bitcoin is monetary freedom for the people, they will not be bound by government and state regulations. You can process, play and use Bicoin as you like without any government intervention. Therefore, this may also be the reason for the prohibition of the use of Bitcoin as a transaction tool. Bitcoin is considered volatile and cannot be controlled by anyone, but with this you can reap the benefits. The ups and downs of the market will affect the amount of profit you can make.
hero member
Activity: 2688
Merit: 588
Studying through the fundamental objective of bitcoin and the blockchain technology I discovered some primary objectives behind the idea of bitcoin existence which is to separate it users not in totality but to some great extent from the tyranny of the government and the entire world financial system, Bitcoin have become a tool for it user to secure a financial liberty and operate independently from the traditional system.
This further goes to explain how bitcoin have help it users with the financial independent needed to actualized their financial desires and dreams.
You are right, bitcoin was created to help people achieve freedom. But these days it is quite funny how some people are being deceived by custodial wallets/centralized exchanges, and they are having to give their information to register on these platforms.

Although some of them do argue that centralized exchanges are easier to make use of for trading, and also provides more safety than when you’re trading, unlike decentralized exchanges that you will have to be taking the risk on your own. Well, that is what Bitcoin is all about, it gives you freedom and for you to be able to achieve freedom means that you have to be in total control of your money and every activity that goes on in your wallet.
member
Activity: 742
Merit: 12
Global peace initiative
It seems to me that the reason the government is constantly attacking Bitcoin is that Bitcoin has solved the control of government and its taxation power over the citizen's financial wealth, the third party system was introduced just to enslave the financial freedom of the people.
hero member
Activity: 2604
Merit: 816
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That means the users do not have to depend on the other third party to manage their finances. But the tyranny of the government will still be there and that is hard to eliminate as when the government change, some of them still want to use the old way. Bitcoin is a tool for users to save their money or secure the money in other forms and not in the old way. So far, bitcoin has already helped many people to have a better life and the best thing is they can now have a  new way to prepare for their future.
hero member
Activity: 1148
Merit: 501

After reading your post, I suddenly remembered this meme.  Cheesy


It is not just a meme, it is a truth of Government Reaction, first time Government said that crypto is illegal, Valueless virtual currency, but now they are shocked for Bitcoin price, it's popularity now they want to take advantage from crypto-currency.             
hero member
Activity: 1442
Merit: 775
Bitcoin gives us freedom and governments force people to do more research about Bitcoin. They can't prevent their citizens to do so and accept Bitcoin.

The Introduction of Bitcoin Into the Global Economy
The bullish case for Bitcoin
Endthefud, Bitcoin as money.

Take this chance to read Cypherpunk's manifesto
legendary
Activity: 3542
Merit: 1352
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Bitcoin helps you evade tyranny and authoritarian rule, but it will never bring down nor end those things honestly. It isn't designed to take down the nastiest and the meanest of tyrannies, but it can help you keep things on a low profile and hide away from their control. Of course, you are not completely hidden and anonymous. You still have to take certain measures in order to keep things subtle. Bitcoin is a great help if utilized properly.
legendary
Activity: 2660
Merit: 1009

After reading your post, I suddenly remembered this meme.  Cheesy

The truth is that the government itself is benefiting from Bitcoin, they are spreading rumors only for fear of losing control over the assets of the people.

The government will never want to lose control over its people. They have no problem with financial freedom. If the people have financial freedom then the government will benefit. But the main problem is that if bitcoin is adopted then the government will lose control over the assets of the people. The government has realized that it is not possible to have complete control over Bitcoin, no matter how hard they try, it is not possible to bring the people under a 100% centralized system. And they know that they can't stop people from using Bitcoin.

Well said. I also have the impression that while the government wants to take advantage of the benefits that can be reaped off cryptocurrencies, they are also being under the threat of losing control over the citizens, most especially when it comes to taxation. And that is why, I believe, many countries have been putting specific sections for regulations regarding transactions made with crypto within their boundaries and worse some have also decided to ban its usage.
legendary
Activity: 2100
Merit: 1042
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After reading your post, I suddenly remembered this meme.  Cheesy

The truth is that the government itself is benefiting from Bitcoin, they are spreading rumors only for fear of losing control over the assets of the people.

The government will never want to lose control over its people. They have no problem with financial freedom. If the people have financial freedom then the government will benefit. But the main problem is that if bitcoin is adopted then the government will lose control over the assets of the people. The government has realized that it is not possible to have complete control over Bitcoin, no matter how hard they try, it is not possible to bring the people under a 100% centralized system. And they know that they can't stop people from using Bitcoin.
hero member
Activity: 1400
Merit: 770
that's the performance of bitcoin, that's why bitcoin is widely adopted by most people, people are very comfortable with bitcoin, there is no third party that can regulate bitcoin, we are free to do whatever we want with the bitcoins we have, so butcoin until now has very popular and there are countries that have legalized bitcoin..

A decentralized system makes it unique. And some people like that, except for some governments in some countries that have banned all bitcoin activities. They feel threatened because they cannot monitor their activities, and they assume that the world economy will be dangerous.
Set up in the sense of banning or regulating a blockchain network? If it regulates a blockchain network then it will not be able to, but banning the activity is very possible. Just look at China, their government prohibits all crypto-related activities.
hero member
Activity: 1148
Merit: 501
that's the performance of bitcoin, that's why bitcoin is widely adopted by most people, people are very comfortable with bitcoin, there is no third party that can regulate bitcoin, we are free to do whatever we want with the bitcoins we have, so butcoin until now has very popular and there are countries that have legalized bitcoin..
Actually not only for Bitcoin people feel happy for all Crypto currency, all crypto user know the Popularity and importance of Crypto and i crypto from my heart becouse crypto changed many people’s life.     
legendary
Activity: 1414
Merit: 1002
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that's the performance of bitcoin, that's why bitcoin is widely adopted by most people, people are very comfortable with bitcoin, there is no third party that can regulate bitcoin, we are free to do whatever we want with the bitcoins we have, so butcoin until now has very popular and there are countries that have legalized bitcoin..
hero member
Activity: 1974
Merit: 534
I agree that bitcoins and other crypto currencies helped us to get some form of independence from the government and the fiat money. However, we are not completely independent, we still need the good will of the government to engage in cryptos. There are countries where cryptos are banned all together which makes it very hard for us investors. It's much better when cryptos are legal and taxed by the government. Having a legal framework with regulations for cryptos increases the protection for the investor and enables us to plan more long term. Any form of savings these days should include cryptos.
sr. member
Activity: 1848
Merit: 341
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Me and Bitcoin, that's the concept that none of you,  and anyone else has the right to my Bitcoin. Even the government in my country. Freedom, independence for ourselves to control what is in our hands. Unfortunately, Bitcoins aren't all that scary for a government if they don't start the fire themselves. Actually, Bitcoin is coming well, looking at what's in El Salvador, does it break Tyranny? In fact, it actually helps and encourages El Salvador's economic system in a better direction.
legendary
Activity: 2030
Merit: 1189
Personally, I see Bitcoin as a tool to break the need to trust a third party to transfer money and therefore you do not need to trust a close friend, a bank, or any third party service to do these things for you.
Well, I think you're right about that, but also the idea of trustlessness goes beyond that of Bitcoin extending in most other alts.

This is the true power of decentralization, intermediaries and third party no longer exists.

However, even so there is still that matter of interacting with the providers that facilitate payment via crypto and that's where the problem with identity arises. Of course, we are free to choose in the end but these constrains do place certain limits of utility

hero member
Activity: 2114
Merit: 603
Governments around the world are becoming more controlling & authoritarian. If it gets much worse I’m going off the grid & bitcoin is perfect for survival in this mode.

Well yeah sure why not, we can put all our assets into it and see ourselves securing the paper money in the form of bitcoin. But we must ask ourselves one great question, if Government is gonna be that worst then how do we tackle the situation where all the international governments come together and put complete ban on the bitcoin by means of all forces necessary? For example, taking off the whole blockchain itself off the internet?

Though there is one mind which tells me that its just impractical to happen at any cost! I mean as far as I have read the whole blockchain is formation of network through all the PC's, devices, miners which are connected to the internet and thus making it way difficult to take down.

BUT, what if there comes the nightmare and way out of taking this down? We might end up loosing everything.  Shocked
hero member
Activity: 1022
Merit: 667
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Personally, I see Bitcoin as a tool to break the need to trust a third party to transfer money and therefore you do not need to trust a close friend, a bank, or any third party service to do these things for you.
Previously, you had to do it personally using gold or cash (trusting the government) or using a central network that you had no control over.

Bitcoin gave users this option, but financial and other freedom is dependent on the way the individual treats and behaves. Even if he has 1,000 bitcoins, if he does not have sufficient financial intelligence, it is a matter of time when all this money may disappear.

So, Bitcoin is P2P e-money.
You are right Bitcoin is a tool to separate financial transactions from the third-party grips on financial transactions, but financial management and intelligence are needed to guide the user on the right part to take in a volatile environment such as Bitcoin.
legendary
Activity: 2702
Merit: 4002
Personally, I see Bitcoin as a tool to break the need to trust a third party to transfer money and therefore you do not need to trust a close friend, a bank, or any third party service to do these things for you.
Previously, you had to do it personally using gold or cash (trusting the government) or using a central network that you had no control over.

Bitcoin gave users this option, but financial and other freedom is dependent on the way the individual treats and behaves. Even if he has 1,000 bitcoins, if he does not have sufficient financial intelligence, it is a matter of time when all this money may disappear.

So, Bitcoin is P2P e-money.
member
Activity: 1218
Merit: 49
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Governments around the world are becoming more controlling & authoritarian. If it gets much worse I’m going off the grid & bitcoin is perfect for survival in this mode.

I agree with this...there seems to be a big trend around the world for many governments to be control-freak. We can obviously see it now in China, Russia and this can also be coming to the United States of America if the same check and balance are not being uphold. We are still fortunate that at this time cryptocurrency is coming into the market so people can have the option to empower themselves financially speaking. Now, in case anybody is wondering why many governments are fearful of Bitcoin and why they are doing everything they can not be following El Salvador, then it has something to do with control.
legendary
Activity: 2898
Merit: 1823
OP, no, Bitcoin can’t fix tyranny, or stop a tyrannical group of people, BUT as a censorship-resistant, permissionless, open protocol for hard money, we a tool to use to go around against tyrannical behavior. Pretend all credit cards, payment processors, and banks worked together in a “tyrannical plot” to stop payments for your favorite porn website. Bitcoin fixes this.
legendary
Activity: 2268
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Governments around the world are becoming more controlling & authoritarian. If it gets much worse I’m going off the grid & bitcoin is perfect for survival in this mode.
Thats true we don't have any VC that worry us on dumping but only whales. They aren't different on VC as they are also some early adopter when btc is for sale nearly as free during Satoshi era. We can't avoid such authority being able to do such action when it comes to power but with the help of decentralisation, they could lose. That's WHY China is afraid about Bitcoin expansion and clearly making fud on it.
legendary
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Governments around the world are becoming more controlling & authoritarian. If it gets much worse I’m going off the grid & bitcoin is perfect for survival in this mode.
full member
Activity: 854
Merit: 130
Studying through the fundamental objective of bitcoin and the blockchain technology I discovered some primary objectives behind the idea of bitcoin existence which is to separate it users not in totality but to some great extent from the tyranny of the government and the entire world financial system, Bitcoin have become a tool for it user to secure a financial liberty and operate independently from the traditional system.
This further goes to explain how bitcoin have help it users with the financial independent needed to actualized their financial desires and dreams.
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